Which of the Following Provide Incentives for Developing Core Practices

question 14

Multiple Choice

Which of the following provide incentives for developing core practices within a firm that could help ensure ethical and legal compliance?

• A)Department of Justice and Open Compliance Ethics Group
• B)Department of Justice and the Sarbanes-Oxley Act
• C)Federal Sentencing Guidelines for Organizations and the Sarbanes-Oxley Act
• D)Food and Drug Administration and the Sarbanes-Oxley Act
• E)Securities and Exchange Commission and the Sarbanes-Oxley Act

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Definitions:

Bonus Pay

Additional compensation given to employees as a reward for achieving specific goals, performance levels, or for exceptional work beyond their regular pay.

Merit Pay

A system of compensation where employees are awarded pay increases or bonuses based on their performance or achievements.

Profit-Sharing

A compensation strategy where employees receive a share of the company's profits, typically as a supplement to their regular income.

Lump-Sum Payments

A single payment made at a particular time, as opposed to multiple payments made over a period of time.